Acesian reported a FY2025 net loss attributable to shareholders of SGD 2.6 million, compared with a FY2024 net profit attributable to shareholders of SGD 0.5 million, according to its results for the 12 months ended 31 December 2025. FY2025 revenue was SGD 6.2 million, and gross profit was SGD 1.4 million. Loss before tax was SGD 2.6 million, while cash and cash equivalents stood at SGD 16.4 million at 31 December 2025. For 2H 2025 (six months ended 31 December 2025), Acesian posted revenue of SGD 4.1 million and a net loss attributable to shareholders of SGD 0.6 million, with a basic loss per share of 0.13 Singapore cents. In its commentary, Acesian said FY2025 revenue declined by SGD 1.63 million, or 20.8%, to SGD 6.20 million, citing a lack of project-based order intake after a greenfield project was awarded to overseas contractors and ductwork was sourced through foreign supply chains. The company said market conditions remained highly competitive with new entrants, and noted that momentum in its duct business improved in 2H 2025 and is expected to continue, barring unforeseen circumstances. No dividend was declared or recommended for FY2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acesian Partners Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 2KNMKI4I6YDE2W8G) on February 25, 2026, and is solely responsible for the information contained therein.